Stock Analysis on Net

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

ServiceNow Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Accounts payable 126 69 171 228 274 195 265 166 89 64 98 109 34 51 86 74 53 62 66 39
Accrued expenses and other current liabilities 1,365 1,001 893 694 975 657 705 661 850 604 608 484 668 442 447 371 461 320 361 306
Current portion of deferred revenue 5,785 4,440 4,613 4,742 4,660 3,491 3,686 3,850 3,836 2,949 3,023 2,994 2,963 2,274 2,251 2,215 2,186 1,762 1,752 1,711
Current portion of operating lease liabilities 89 91 90 97 96 89 87 87 82 82 80 77 72 68 66 61 53 49 46 42
Current debt, net 88 92 93 99
Current liabilities 7,365 5,601 5,767 5,761 6,005 4,432 4,743 4,852 4,949 3,792 3,908 3,664 3,737 2,836 2,849 2,721 2,753 2,193 2,225 2,098
Deferred revenue, less current portion 81 46 45 53 70 63 58 57 63 53 49 50 45 38 31 40 40 41 37 37
Operating lease liabilities, less current portion 707 682 635 655 650 551 572 548 556 568 427 420 423 430 436 441 383 388 383 381
Long-term debt, net, less current portion 1,488 1,487 1,487 1,486 1,486 1,485 1,485 1,484 1,484 1,484 1,483 1,611 1,640 1,706 696 701 695 687 678 670
Other long-term liabilities 118 93 63 59 56 52 50 55 51 47 45 40 35 23 30 28 23 18 19 19
Long-term liabilities 2,394 2,308 2,230 2,253 2,262 2,151 2,165 2,144 2,154 2,152 2,004 2,121 2,143 2,196 1,194 1,210 1,142 1,135 1,117 1,106
Total liabilities 9,759 7,909 7,997 8,014 8,267 6,583 6,908 6,996 7,103 5,944 5,912 5,785 5,881 5,032 4,043 3,931 3,894 3,327 3,342 3,204
Common stock
Treasury stock, at cost (535) (282)
Additional paid-in capital 6,131 5,847 5,485 5,182 4,796 4,507 4,186 3,925 3,665 3,516 3,298 3,133 2,974 2,872 2,712 2,584 2,455 2,361 2,239 2,165
Accumulated other comprehensive income (loss) (37) (157) (91) (70) (102) (172) (100) (16) 34 48 70 56 94 52 30 (14) 25 20 14 10
Retained earnings (accumulated deficit) 2,069 1,774 1,532 488 338 188 108 88 (4) (30) (93) (152) (234) (250) (263) (304) (352) (951) (992) (980)
Stockholders’ equity 7,628 7,182 6,926 5,600 5,032 4,523 4,194 3,997 3,695 3,534 3,275 3,037 2,834 2,674 2,479 2,266 2,128 1,429 1,261 1,195
Total liabilities and stockholders’ equity 17,387 15,091 14,923 13,614 13,299 11,106 11,102 10,993 10,798 9,478 9,187 8,822 8,715 7,705 6,521 6,197 6,022 4,757 4,603 4,399

Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. ServiceNow Inc. current liabilities decreased from Q2 2023 to Q3 2023 but then increased from Q3 2023 to Q4 2023 exceeding Q2 2023 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. ServiceNow Inc. long-term liabilities increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. ServiceNow Inc. total liabilities decreased from Q2 2023 to Q3 2023 but then increased from Q3 2023 to Q4 2023 exceeding Q2 2023 level.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. ServiceNow Inc. stockholders’ equity increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.